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Here is today’s Breaking News from Letting Agent Today. Join the debate by leaving a comment below a story - you will need to be logged-in to do this.

Breaking News

Tory-backing agent predicts fee ban may be in Conservative manifesto

A prominent campaigning letting and sales agent predicts that the Conservatives are likely to put their proposed ban on letting agency fees as a manifesto commitment.  Ajay...

Massive £235,000 bill for agency boss letting out illegal bedsits

An east London landlord, who was also director of a letting agency, has been forced to pay out over £235,000 for letting out illegal bedsits following...

More women now investing in buy to let, survey shows

Women now account for two in five landlords according to research by Simple Landlords Insurance.   It says it has analysed tens of thousands of landlords’ details to...

Lettings market activity on the rise according to board company

The latest data from Agency Express suggests nationwide increases in both new listings and properties let during March.    National figures for properties ‘Let’ saw a robust increase...

Fees ban: government scraps workshops but consultation goes on

The Department of Communities and Local Government is scrapping a series of workshops for letting agents to discuss the proposed ban on fees levied on tenants...

Purplebricks sticks the knife in after Winkworth fee controversy

Hybrid agency Purplebricks has entered the debate over the £835.38p reportedly charged by a branch of Winkworth when it changed the details of an existing tenancy. Letting...

Buy To Let remortgages edges up as investors react to tax change

There has been a three per cent increase in remortgaging levels amongst buy to let investors in March according to data from Connells Surveys & Valuation...

Another 68 units unveiled at south London Build To Rent scheme

Build To Rent operator L&Q has delivered another 68 homes in part of a drive which it says will eventually produce 25,000 purpose-built rental units. The flats...

Agents asked to comment on London borough's licensing scheme

Another London borough is consulting on a further extension of its existing selective licensing - this time it’s Harrow council. It wants to introduce selective licensing schemes...

Letting fees ban 'unlikely before late 2018' whatever election result

The ban on letting agents in England imposing fees on tenants is unlikely to be implemented before late next year according to analysis by the Residential...

Firm leading opposition to BTL tax change says HMOs hit less badly

A property firm at the centre of the campaign against phasing out landlords’ mortgage interest relief says is urging tenants to rent in HMOs if they...

London council to probe 'growing concerns' about short-term lets

Kensington & Chelsea council in central London has set up a series of hotline services and a working party to investigate what it calls “growing concerns”...

Over 150 agencies now listing on student accommodation website

University Cribs, the student property search engine, is expanding to list accommodation in the London market.    The service says that with its existing group of letting agents,...

Buy to let investor guilty on 18 HMO charges and gets big fine

A landlord has been ordered to pay more than £17,000 in fines and costs after pleading guilty at St Albans Magistrates' Court to 18 charges relating...

Agency accused of "grubby overcharging" by national newspaper

The Guardian has accused a branch of Winkworth letting agency in south London of “grubby overcharging” for allegedly asking a new tenant joining three others on...

20% of rental properties now let by companies, says Countrywide

A remarkable one in five properties now being let are operated by a company landlord - and the figure surges to 27 per cent in London.   These...

Lobby your MP to help stop fees ban, ARLA tells members

The Association of Residential Letting Agents has told its agent members that they should urgently lobby their Members of Parliament to help them “see beyond the...

Campaigning agent tells lettings sector: "change is coming"

A prominent campaigner over the misappropriation of rental deposits has welcomed the news that government proposals to ban letting agent fees will also consider reforming how...

Letting too small room leads to £46,650 bill for rogue operator

A landlord of a shared house in Hove, near Brighton, has been found to be ‘putting people’s lives at risk’ and ordered to pay £45,650.   It’s the largest fine to...

Agency says buy to let returns at record high, despite tax changes

Private landlords’ net income has risen 39 per cent in the last five years, jumping from £10.8 billion to £15 billion calculates the letting agency ludlowthompson.    The...

Liberal Democrats take 'credit' for letting agents' fees ban

The Liberal Democrats appear to be taking what they see as the credit for the government’s commitment to ban letting agents’ fees imposed on tenants in...

What tenants leave - a stuffed beaver, 23-year-old food, pet ashes...

You might not want to read this as you’re tucking into an early Easter egg, but an interiors firm has compiled a list of some of...

Major lender lowers affordability assessments for buy to let

One of the biggest lenders to the buy to let community, Santander, is to lower its affordability assessments from next Wednesday.   It will use an assessment of...

More consultation - this time Scottish rental sector energy efficiency

The Scottish Government has opened formal consultation on its attempts to introduce minimum standards of energy efficiency for the private rented sector north of the border.   The...

Happy Easter from everyone at Letting Agent Today

All good wishes for a happy and successful Easter for everyone in the industry from Letting Agent Today, and from our publisher Angels Media.   Our next news stories...

Councils want 'tiny' flats banned and jail for rogue landlords

A body representing 370 councils in England and Wales wants the government to close a legal loophole which allows the conversion of houses into multiple tiny...

Tenant's forgotten £5,250 deposit is just the tip of the iceberg

A tenant has been tracked down after a year-long exercise and has now picked up the deposit he forgot to collect when he left his rental...

Buy to let investors target smaller cheaper properties

Data from the first three months of this year suggests that investors are increasingly purchasing smaller, cheaper properties. Specialist lender Mortgages for Business says average loan amounts...

US corporate makes key hire for London short-lets market

A US firm that is believed to want a slice of the UK’s growing short-lets market has made a key business development appointment.    As we reported in...

Tenant referencing firm offers to interview renters face-to-face

A family-run firm is offering a tenant referencing service involving a face-to-face interview of prospective tenants in their current accommodation.   It claims this will offer “an in-depth...

Zoopla data chief joins board of HomeLet's parent company

Mark Witherspoon, the data services director at ZPG, has joined the board of Barbon Insurance Group, which operates the HomeLet and Rentshield Direct brands.   Witherspoon is to...

Agency runs 'largest ever survey' to debunk lettings sector myths

London agency Benham & Reeves Residential Lettings has surveyed its tenants and, based on 1,400 responses - a third of the total - discovered that they are...

Third of private tenants wouldn't admit to damaging property

Just over a quarter of all tenants across private and public housing would not say if they had caused significant damage to a property they were...

Agency claims many landlords don't know of buy to let tax changes

Almost 20 per cent of the landlords using an online letting agency are apparently unaware of the mortgage interest tax relief change introduced last week -...

ARLA to launch anti-fees ban campaign "in a matter of days"

ARLA Propertymark says it will launch a campaign against the government’s proposed ban on letting agents’ fees levied on tenants “in the coming days.” The campaign will...

Industry pours scorn and derision on fees ban consultation

The government’s formal consultation on its proposed ban for fees levied on tenants by agents has been greeted with derision and contempt by a string of...

Regional chain acquires independent agency - and wants more

Manning Stainton, which has 19 offices in West and North Yorkshire, has completed the acquisition of a local independent agency.  AR Estate Agents, established in 2011, provides...

Anti-deposit campaigner warns of Client Money Protection side-effect

A leading letting agent campaigning against rental sector deposits is warning that the industry might be hit with “astronominal” insurance premiums as a side effect of...

Green light for another Build To Rent development in London

Build To Rent operator Essential Living has won planning consent for 221 new homes in Brentford - part of the firm’s ambition to provide 5,000 rental...

Fees ban consultation - Agents have until June 2 to respond

The government has finally unveiled its formal consultation process on the proposal to ban letting agents levying fees on tenants in England. The proposed measures will stop...

Rightmove reports 12% surge in homes to let and slowing rent rises

The remaining overhand of last year’s buy to let buying surge by landlords means the annual rate of rent rises has slowed thanks to a 12...

Government repeats 'fees will be banned' - but still no consultation...

The government has issued a new statement saying unequivocally that letting agents’ fees on tenants will be banned in England - even though there is still...

Stamp duty surcharge has cut level of rental growth - claim

The speed at which rents across are growing has more than halved since a three per cent stamp duty surcharge on second homes came into force 12...

DPS celebrates 10 years of custodial deposit protection

Custodial deposit protection was introduced 10 years ago this week and the Deposit Protection Service has been marking the anniversary. Custodial protection was included as one of...

Letting agents in the firing line as new civil penalties come into effect

New legislation coming into force today gives local authorities in England tough new powers to crack down on rogue agents and landlords. For the first time, local...

Almost half of 'victimised' buy to let investors ready to quit

A new study of landlords reveals that far more believe they will be affected by today’s buy to let mortgage interest tax relief changes than government...

Long-standing campaigner against tax change restates opposition

Steve Bolton, founder of investment consultancy Platinum Property Partners and one of two landlords who have led a campaign against restricting mortgage interest tax relief for...

Rent rises of 20% to 30% are on their way, warns trade association

Tax rises for landlords being introduced today will make renting less affordable and stifle investment in homes to rent, making it harder for renters to find...

Rent falls in prime central London slowing at last, says agency

The fall in rents across prime central London’s lettings market are slowing according to Knight Frank. It claims rents have dropped 4.9 per cent in the year...

Henry Pryor in dramatic Twitter bust-up over 'Tenant Tax'

Prominent market commentator and buying agent Henry Pryor has been involved in a Twitter spat over whether the changes to mortgage interest tax relief will actually...

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